CONTRACTAPPROVED

Mobile Housing Authority Awards Project Development Agreement Contract to PORCHLIGHT (April 2025)

Mobile Housing Authority
Disclosed value
$500,000.00 forgivable loan
From agenda
Approved
Apr 24, 2025
Term
19 years and 11 months

The 30-second brief

What it covers

Project development agreement between Mobile County Commission and Porchlight, LLC, including a $500,000.00 forgivable loan for the renovation of the historic Ace Theatre, with a 19 year, 11-month lease following renovations.

Who holds it

PORCHLIGHT holds this project development agreement contract with Mobile Housing Authority. Its other public contracts on record include work for City of Redmond and Routt County.

What happens next

Term as filed: 19 years and 11 months.

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Contract details

Contract type
Project Development Agreement
Amount
$500,000.00 forgivable loan
Document date
April 24, 2025
Term
19 years and 11 months
Source document
mobile-housing-authority-agenda-2025-04-24_2fa.pdf (Agenda)

PORCHLIGHT's other public contracts

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Questions about this contract

Who was awarded the project development agreement contract by Mobile Housing Authority?

PORCHLIGHT was awarded this project development agreement contract by Mobile Housing Authority, as recorded on April 24, 2025. The contract value is $500,000.00 forgivable loan.

How much is the PORCHLIGHT contract with Mobile Housing Authority worth?

The PORCHLIGHT contract with Mobile Housing Authority is valued at $500,000.00 forgivable loan, covering project development agreement work.

What type of contract is this?

This is a Project Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in mobile-housing-authority-agenda-2025-04-24_2fa.pdf (Agenda), dated April 24, 2025 from Mobile Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PORCHLIGHT hold?

PORCHLIGHT may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Mobile Housing Authority currently buying?

Explore Mobile Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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